SHANGHAI, May 21, 2019 /PRNewswire/ -- The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, today announces its fluoropolymer technologies are essential for 5G during CHINAPLAS, held in Guangzhou, China. CHINAPLAS is the world's leading plastics and rubber trade fair, and widely recognized by the industry as one of the most influential exhibitions in the world.
Each day, smart devices are connecting our world in ways never imagined. By 2020, the Internet of Things (IoT) is projected to consist of over 50 billion connected devices. To help meet this significant rise in IoT technology, 5G networks, the next generation of mobile internet connectivity, will provide the infrastructure to support increased demand for big data, faster speeds and more reliable connections.
As designers and manufacturers continue to innovate electronic devices, 5G networks will become even more essential. High-performance fluoropolymers have helped to fuel this growth by enabling the development of faster, smaller, and more durable microprocessors, semiconductors, and transistors.
Teflon(TM) fluoropolymers and Viton(TM) fluoroelastomers have provided essential benefits behind the evolution of 5G networks.
Whether it's computer cables, smart devices, or wearables, customizable Teflon(TM) fluoropolymers and Viton(TM) fluoroelastomers from Chemours provide innovative solutions that meet the performance and safety needs for consumer electronics.
Incorporating Teflon(TM) fluoropolymer resins into cable insulation and jacketing improves electrical performance and adds an unmatched level of fire safety performance. These properties are essential in cabling systems for local area networks (LAN), data centers, and other high-performance telecommunications applications such as high-speed cables.
Teflon(TM) fluoropolymers are also important in the semiconductor manufacturing process. 5G is already impacting the semiconductor industry growth and modifying its requirements. Printed circuit boards (PCB) will rely heavily on high-performance fluoropolymer materials in the 5G telecommunications era. From data centers to cell towers to personal devices, fluoropolymers' superior dielectric properties and low dissipation factors provide ultra-high frequency and high speed performance.
As people increasingly "wear" their electronic devices like digital watches and activity trackers, our fluoropolymers help make those devices more comfortable and more efficient. Viton(TM) fluoroelastomers multiple color solution is widely recognized on wearable devices in the watchband market for its luxury haptics and proven bio-compatibility. In addition, Viton(TM) fluoroelastomers have excellent chemical inertness, UV resistance and anti-corrosion properties. To meet every changing consumer preferences for improved quality and cosmetic appearance, Chemours continues to innovate its Viton(TM) fluoroelastomers materials by having agile tailor-made color matching.
As technology and 5G networks continue their rapid expansion, the need for semiconductor minimization, faster connectivity speeds, higher frequencies and low-loss signals will rely even more on fluoropolymers from Chemours.
"For 80 years, the fluoropolymer business within Chemours has provided industry-defining solutions to meet the most complex and evolving needs of our customers, and now we are excited to do the same for 5G implementation," said Paul Kirsch, president, Chemours Fluoroproducts.
About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in titanium technologies, fluoroproducts, and chemical solutions, providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. Chemours ingredients are found in plastics and coatings, refrigeration and air conditioning, mining, and general industrial manufacturing. Our flagship products include prominent brands such as Teflon(TM), Ti-Pure(TM), Krytox(TM), Viton(TM), Opteon(TM), Freon(TM) and Nafion(TM). Chemours published its first corporate responsibility commitment report in 2018, which highlights goals aligned with the United Nations Sustainable Development Goals. The company has approximately 7,000 employees and 28 manufacturing sites serving approximately 3,700 customers in over 120 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.
For more information, we invite you to visit chemours.com or follow us on Twitter @Chemours or LinkedIn.
Forward Looking Statements
This press release contains forward-looking statements, within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. The words "believe," "expect," "will," "anticipate," "plan," "estimate," "anticipate," "target," "project," and similar expressions, among others, generally identify "forward-looking statements" which speak only as of the date the statements were made. These forward-looking statements may address, among other things, the outcome or resolution of any pending or future environmental liabilities, litigation and other legal proceedings or contingencies, anticipated future operating and financial performance, business plans and prospects, transformation plans, cost savings targets and plans to increase profitability, that are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements are based on certain assumptions and expectations of future events which may not be accurate or realized. Forward-looking statements also involve risks and uncertainties which are beyond Chemours' control. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2018. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law.
